Calvin Klein Parent PVH Falls As Q3 Beats Are Derailed By Soft Guidance

PVH Corp. (NYSE: PVH) reported Q3 results above guidance but gave soft guidance for Q4, with sales expected to decrease by 6-7% and adjusted EPS of $3.05-$3.20. The company also repurchased shares worth $29 million and expects to repurchase $400 million for the full year 2024.

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